Economic Resources Measurement Focus Definition | Becker
Accounting Dictionary
Economic Resources Measurement Focus
The economic resources measurement focus seeks to determine the costs of services and the efficiency and effectiveness with which invested capital has been used. All assets and all liabilities (current or non-current) are included on the balance sheet. Net position is analyzed and normally reported separately as restricted, unrestricted, and net investment in capital assets. Fixed assets are reported. Non-current liabilities are reported. See also measurement focus and current financial resources measurement focus.
Related Terms:
Measurement Focus [FARBAR]Current Financial Resources Measurement Focus [FARBAR]Back to Dictionary